In an equity market dominated by Apple Inc. suppliers, investors are getting the biggest gains by going low-tech.
Since a Chinese government crackdown on water pollution late last year that shuttered some paper mills, manufacturers including Long Chen Paper Co. and Paolung International Co. have rallied and may see a bull run for years to come, according to investors. The trend is showing in Hong Kong as well, where Nine Dragons Paper Holdings Ltd. surged 28 percent in January.